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Fed’s favored inflation gauge remained elevated in February, delayed report shows

This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.4% on a…

Federal judge blocks Trump admin effort to end temporary protected status for Ethiopia

NEWYou can now listen to Fox News articles! A federal judge has postponed the Trump administration’s termination of temporary protected status (TPS) for Ethiopia.”Plaintiffs brought suit to challenge the lawfulness of the termination, arguing that Defendants had violated the TPS statute, the Administrative Procedure Act, and the Equal Protection Clause.…

Philadelphia parking garage collapse leaves 1 dead, 2 missing

NEWYou can now listen to Fox News articles! A search and rescue operation is underway in Philadelphia on Thursday following a partial parking garage collapse that left at least one person dead and two missing, according to the city’s mayor. Philadelphia Mayor Cherelle Parker said the incident unfolded Wednesday afternoon as…

US economy grew at 0.5% in fourth quarter

This story about the fourth-quarter GDP report is developing and will be updated with more details. The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of fourth-quarter GDP, which…

Orioles pitcher commits two errors on one play in disastrous outing

NEWYou can now listen to Fox News articles! Baltimore Orioles pitcher Kyle Bradish had a start he probably would like to forget.Bradish was on the bump against the Chicago White Sox on Wednesday afternoon. Chicago took the lead in the fifth inning after Bradish committed two errors on one play.…